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How to Buy Taskus Stock

Taskus Inc

TaskUs, Inc. provides digital outsourcing services for companies worldwide. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through digital channels; and other solutions, including customer care services for new product or market launches, trust and safety solutions, and customer acquisition solutions.

Taskus stock last closed at $15.48, up 4.17% from the previous day, and has increased 24.44% in one year. It has overperformed other stocks in the Information Technology Services industry by 0.14 percentage points. Taskus stock is currently +94.84% from its 52-week low of $7.95, and -0.96% from its 52-week high of $15.63.

There are currently 88.07M shares of TASK outstanding. The market value of TASK is $1.36B. In the last 24 hours, 139,094 TASK shares were traded.

How to Buy Taskus Stock

Wondering how to invest in Taskus stock? Here's how.
  1. Figure out where to buy Taskus stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Taskus stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your method of payment and add your information.
  4. Research Taskus stock: The Taskus ticker symbol is TASK. Is Taskus stock a good investment? Should you buy shares of TASK? How do TASK's underlying business fundamentals look? Do top analysts think Taskus is a good buy? Why has TASK's stock price moved recently? (Hint: Our stock research website can help you understand if TASK is a good stock to buy).
  5. Place your TASK trade: Decide if you will purchase TASK shares at the current market price or use a limit order to buy TASK stock at a particular price.
  6. Get key alerts regarding your TASK position: Create a watchlist to get the latest news on your position in Taskus shares.

Step 1: Figure out where to buy Taskus stock

You need a brokerage account to access the NASDAQ market and buy TASK shares.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to buy TASK today.

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Step 3: Deposit funds into your investment account

Now that you have finished signing up on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:

Watch the tutorial below to see the process of depositing money into your new investment account.

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Step 4: Research Taskus stock

Once you have selected the best place to buy Taskus stock, it's critical to research their stock before you invest, so you can wrap your head around the risk as well as the upside.

Taskus shares at a glance

TASK Price
$15.48
1w %
12.17%
1y %
24.44%
5y %
N/A
P/E
29.77x
P/B
3x
P/S
1.5x
PEG
0.94x
Revenue
$916.53M
Earnings
$47.90M
Fore. Rev. Growth
5.79%
Fore. Earn. Growth
35.16%
Market Cap
$1.36B
Next Earnings
Aug 7, 2024
Next Dividend
N/A

Fundamentals of TASK

WallStreetZen was designed to help average investors do better fundamental analysis quickly.

You can see all of the due diligence checks on TASK's stock page.

Is TASK stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TASK's intrinsic value.

Using relative valuations ratios:

  • TASK may be overvalued based on its P/E ratio of 29.77x, relative to Information Technology Services industry P/E ratio of 28.59x
  • TASK could be undervalued based on its P/B ratio of 3x, relative to Information Technology Services industry P/B ratio of 4.72x
  • TASK could be undervalued based on its PEG ratio of 0.94x

You can access additional valuation research on TASK's stock here.

TASK Financial Health Overview

Positive Financial Indicators:

  • TASK's operating cash flow of $151.16M allows it to safely service it's debt of $304.34M.
  • TASK profit margin has gone up from 4% to 5.2% in the past year.
  • There are more short-term assets than long-term liabilities on the TASK balance sheet.
  • There are more short-term assets than short-term liabilities on the TASK balance sheet.

Negative Financial Indicators:

  • TASK has a relatively high debt to equity ratio of 0.92.
  • TASK earnings of $99.93M is not sufficient to cover its interest payments.

Is it a good time to buy Taskus stock, according to analysts?

Out of 6 sell side analysts who research TASK, the consensus analyst rating on TASK is a Hold

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Latest TASK Analyst Upgrades/Downgrades

Cassie Chan, a bottom 15% analyst from Bank of America maintains TASK with a sell rating and raises their TASK price target from $11.00 to $12.00, on Feb 29, 2024.

You can dive deeper into what analysts are forecasting on the Taskus stock forecast page.

TASK Technicals

SMA10
14.07
SMA20
13.55
SMA50
13.82
SMA100
12.84
SMA200
12.2
MACD
0.31
MACD Signal
0.08
MACD Histogram
0.22
RSI
72.53
Stochastic %K
91.17
Stochastic %D
89.12
StochRSI %K
100
StochRSI %D
100

How is TASK performing as a company?

Last year, TASK earnings were $47.90M. In the past 3 year, TASK's earnings have increased by -29% per year. This was slower than the Information Technology Services industry average of 7.02%.

Last year, TASK revenue was $916.53M. During the last 3 year, TASK's revenue has increased by 90.22% per year. This was faster than the Information Technology Services industry average of 7.29%.

You can analyze TASK's earnings and revenue performance here.

What are TASK executives and large shareholders up to?

In the last 12 months, executives and large shareholders at TASK have sold more shares than they have bought.

Steven Amaya, Chief Accounting Officer of TASK, was the latest TASK insider to sell. They sold $13,671.69 worth of TASK stock on Jun 15, 2024.

Dig into more about who owns TASK shares here.

Does TASK stock generate passive income?

No, Taskus doesn't provide an income stream by paying out dividends.

What others are saying about TASK

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your TASK trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price limit, place a limit order.

Press the Open button and your broker will place your order.

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Step 6: Get key alerts regarding your TASK position

Now that you own some TASK shares, you'll want to keep up with your company.

Create a watchlist to keep track of your TASK stock.

TASK Feed

How to Buy Stock in Taskus

To summarize, here are the 6 steps to buy stock in Taskus:

  1. Figure out where to buy Taskus stock
  2. Open a brokerage account
  3. Deposit funds into your investment account
  4. Research Taskus stock
  5. Place your TASK trade
  6. Get key alerts regarding your TASK position

If you require a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your investment in Taskus, add TASK to your watchlist below.

NASDAQ: TASK
$15.48+0.62 (+4.17%)
Updated Jul 12, 2024
Open eToro Account
NASDAQ: TASK
$15.48+0.62 (+4.17%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Taskus share?

As of Jul 12, 2024, it costs $15.48 to buy one share of Taskus stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.452 shares of TASK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Taskus stock?

According to 6 Wall Street analysts who monitor Taskus, their consensus recommendation is to hold Taskus stock.

What is the best way to buy Taskus stock?

One way to place an order for Taskus stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.